$1,009 Closing Credit*
$85,000
1,328 SqFt
3 Beds
•1 Full Bath
Rebecca Wolfe, Listing Office: Roohan Realty
Is Fort Edward, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Fort Edward has remained a Seller's Market.
Key Takeaway
Fort Edward is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fort Edward, NY
How much do homes in Fort Edward, NY cost?
Median Sold Price
$227,500
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,950(-2.5%)
Key Takeaway
Homes in Fort Edward have sold for 2.5% less than they did a year ago.
Summary: The median home sold price in Fort Edward was $227,500 in November 2024, down 2.5% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | - | N/A |
| 2 Bedrooms | $160K | $190K | +18.8% |
| 3 Bedrooms | $241.5K | $237K | -1.9% |
| 4 Bedrooms | $369.9K | $224.1K | -39.4% |
| 5+ Bedrooms | $184K | $245K | +33.2% |
Summary: Fort Edward housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 39.4%, and 5+ bedroom homes increased by 33.2%.
Median Sold Price Compared To Nearby Cities
| Moreau | $300K | $297.5K | -0.8% |
| Fort Edward | $233.4K | $227.5K | -2.5% |
Housing Supply in Fort Edward, NY
How many homes are available in Fort Edward, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 33 | -2.9% |
Summary: The Fort Edward real estate market had 33 homes for sale in November 2024, a 2.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Fort Edward housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Edward, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Fort Edward in November 2024, up by 42.9% month-over-month. Of the 10 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Fort Edward, NY
How long does it take to sell a home in Fort Edward, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 29 Days | -17.3% |
Summary: Homes in Fort Edward had an average of 29 days on market in Nov 2024, down by 17.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fort Edward are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Fort Edward; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.